General Announcement::DESPATCH OF CIRCULAR TO SHAREHOLDERS

Issuer & Securities

Issuer/ Manager
CACOLA FURNITURE INTL LIMITED
Securities
CACOLA FURNITURE INTL LIMITED - KYG1745C1042 - D2U
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
20-Mar-2015 07:23:24
Status
New
Announcement Sub Title
DESPATCH OF CIRCULAR TO SHAREHOLDERS
Announcement Reference
SG150320OTHRMC0K
Submitted By (Co./ Ind. Name)
Zhou Zhuo Lin
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
DESPATCH OF CIRCULAR TO SHAREHOLDERS IN RELATION TO:

(1)THE PROPOSED CAPITAL REORGANISATION

(2)THE PROPOSED ALLOTMENT AND ISSUE OF THE CONVERSION SHARES ARISING FROM THE CONVERSION OF THE BRIDGE LOAN TO ADVANCE OPPORTUNITIES FUND ( PROPOSED CONVERSION SHARES ISSUE )

(3)THE PROPOSED ALLOTMENT AND ISSUE OF UP TO 1,951,431,049 PLACEMENT SHARES UPON THE TERMS AND CONDITIONS OF THE PLACEMENT AGREEMENT TO ADVANCE OPPORTUNITIES FUND ( PROPOSED PLACEMENT SHARES ISSUE )

(4)THE POSSIBLE TRANSFER OF A CONTROLLING INTEREST TO ADVANCE OPPORTUNITIES FUND ARISING FROM THE PROPOSED CONVERSION SHARES ISSUE AND THE PROPOSED PLACEMENT SHARES ISSUE

(5)THE WHITEWASH RESOLUTION IN CONNECTION WITH THE PROPOSED CONVERSION SHARES ISSUE AND THE PLACEMENT SHARES ISSUE.

Please see attached.

Attachments